Learning By Doing And Competition In The Early Rayon Industry
AbstractIn this paper, I derive a structural econometric model of learning by doing from a dynamic oligopoly game. Unlike previous empirical models, this model is capable of testing hypotheses concerning both the technological nature and behavioral implications of learning. I estimate the model with firm level data from the early U.S. rayon industry. The empirical results show that there were considerable differences across firms in both proprietary and spillover learning. The results also indicate that two of the three firms took their rival's reactions into account when choosing their strategies.
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Bibliographic InfoPaper provided by Center for Economic Studies, U.S. Census Bureau in its series Working Papers with number 93-4.
Date of creation: Feb 1993
Date of revision:
CES; economic; research; micro; data; microdata; chief; economist;
Other versions of this item:
- Ronald S. Jarmin, 1994. "Learning by Doing and Competition in the Early Rayon Industry," RAND Journal of Economics, The RAND Corporation, vol. 25(3), pages 441-454, Autumn.
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